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Whcn a Co-operalive Farming Sosicty is wound up or dissuIvcd, Tmsfcr of I ~heprescribcdaulhority shallallo~~oi~s~nembcrs,insuchmannerand ::':Eon subject to such rules as n ~ a y bc prcscribed. all the lands vested in ~ h c o f a ~ o - society, and LC rules may providc fur equilable allolrnenl of lands [o ~r~t: i I lhc members having regard lo the arca and he quality of lands belonging Sucicty. 10 hem beforc the vsting of such lands in thc swie~y.